The National Bank of Georgia (NBG) has announced its ongoing efforts to replenish international reserves in accordance with prevailing conditions in the foreign exchange market.

In December, the NBG increased its foreign exchange reserves by $28.6 million through interventions on the Bmatch platform. By the end of the month, the country’s international reserves had reached $4.45 billion.

"International foreign exchange reserves are a key guarantor of the country’s macroeconomic stability. As such, the NBG remains committed to replenishing reserves whenever market conditions allow, in line with the bank’s stated policy," the NBG statement reads.

The National Bank of Georgia is scheduled to release updated data on foreign exchange market operations on February 25, 2025.